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DMRL - U.S. Economic Growth Expected To Slow In First Quarter
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US economic activity is expected to ease in the first quarter, based on the median for a set of nowcasts compiled by The Capital Spectator. The current estimate reflects the softest quarterly gain in over a year, although the anticipated increase is still strong enough to keep the economic expansion alive in early 2020.
Output in the first three months of the year is on track to rise 1.7%, according to the median of eight models reviewed by The Capital Spectator. If correct, economic activity will dip from the 2.1% rise in 2019's Q4